Technical view:: Petronet, M&M financial, Bank of Baroda & Bank Nifty
Petronet:
Petronet looks good technically. It has good support at 163-165 levels. In short term can head upto 180. With it being quiet almost this entire rally, its likely it move higher from here.
M&M financial:
M&M financial has been moving in a range of 600-720 since long. Last week too it touched 720 levels and started to see some profit booking. One can look to enter it once it manages to close above 720. Above 720 can head upto 755-780 levels
Bank of Baroda:
Bank of Baroda has strong resistance at 820 levels. A close above 820 can take it higher to 855-860 in near term.
Bank Nifty
Bank nifty is last few days has rallied quite a bit. Moved from levels of 7800 to 10300. Technically its now at strong resistance levels of 10400-10450. Its likely it sees some profit booking from here. For shorts one can keep strict sl near 10450
SMS Alerts, no more page refreshes required
5 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
gkpstar Says:
February 9th, 2012
Posted at: 11:53 am
can we enter for Petronet short term , now tis 172
CB Says:
February 9th, 2012
Posted at: 11:54 am
Hi gkpstar, yes.
Kiran(nayakkirankumar.blogspot.com) Says:
February 16th, 2012
Posted at: 10:05 am
As usual Todays stocks analysis was posted
before market
hours in
nayakkirankumar.blogspot.com
result Is infront of your eyes
God bless us all
Sourav Says:
August 30th, 2012
Posted at: 10:52 am
Hi CB, will Banknifty upmove from 10000 level ?
BUY JEAIRWAYS Delivery Call @276 Says:
July 4th, 2014
Posted at: 11:10 am
JETAIRWAYS TGT 300/-.